New words – 1 July 2019

Caiaimage / Paul Bradbury / Getty

flat white economy noun [U]
UK /ˌflæt.waɪt.iˈkɒn.ə.mi/ US /ˌflæt.waɪt.iˈkɑːn.ə.mi/
the wealth created through the large number of people using a coffee shop or café to work in, rather than working in an office

[This is] their adopted office where, thanks to a combination of flexible working and not being able to afford the heating bills in their own home, they are fuelling the “flat white economy”. This sector (so-called after the less-frothy coffee beloved of hipsters) is now the largest driver of Britain’s economic output, overtaking even the current manufacturing boom.
[www.telegraph.co.uk, 1 April 2019]

blue economy noun [U]
UK /ˌbluː.iˈkɒn.ə.mi/ US /bluː.iˈkɑː.nə.mi/
the wealth created through the use of the world’s oceans, such as through jobs in the oil and fishing industries

Britain’s maritime heritage is quietly being reimagined as the “blue economy”, a sphere in which centuries-old sectors touch the forefront of technology to help create a more sustainable economic future.
[Sunday Telegraph, 15 April 2018]

anxiety economy noun [U]
UK /æŋˈzaɪ.ə.ti.iˈkɒn.ə.mi/ US /æŋˈzaɪ.ə.t̬i.iˈkɑː.nə.mi/
the wealth created through the production and sale of products designed to ease anxiety

The anxiety economy shows no signs of shrinking, with white noise machines, salt lamps and meditation headbands advertised alongside yoga selfies on Instagram. Aids for anxiety disorders in 2019 are branded like covetable scented candles – scrolling through the products, one starts to think of it as a small but universal ill like dry lips or shaving rash, and one just as easily treated.
[www.theguardian.com, 10 March 2019]

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